Is car insurance for a 16 year old NEW driver different from..say a 29 year old NEW driver?

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Best Answer: Yes, and it can be summed up in two words.... maturity and experience. That is why car insurance premiums sharply drops when you turn 26. It is based on the driver not only being older, but also having 10 years experience. Not that everyone starts at 16, but the fact that you can legally drive at 16. 29? Just adding 3 more years experience under your belt. Just remember that experience generally makes you a better driver, so premiums are lower.

Absolutely. A 16 year old is still a kid. ALL teen drivers are considered more "at risk" than adult drivers (even though some adult drivers definitely can NOT drive!).

If you are a "new driver" at age 29, you will NOT face super high insurance like a teenager. To see the difference, go on a site that allows you to compare insurances. Enter your info for your current age of 29 and make note of all your potential prices. THEN change your age to 16 but leave everything else the same. Note how drastically higher even the "lowest" rate is.

Adult drivers tend to have cheaper rates unless they've been in trouble and are deemed at "at risk" (aka bad") driver (such as having accidents that are your fault). Teens always pay more even if they are a good, responsible driver just because they're minors and considered much more risky.

Yes. The most costly ages for insurance companies is 18-25y.o. as statistics prove that this group of MALES have the most accidents. After that age most males are married and have a mortgage and a steady job and kids and bills. So, most of their time is spent working. Not partying. They have had to get serious with LIFE. No longer are they irresponsible.
. You can't argue with years of collected statistics. This is what you are facing.

Yes - after the age of 25, all car insurance goes down in cost, regardless of driving experience. 16 year olds will have the highest insurance costs because they tend to crash a lot due to both immaturity and inexperience (not you specifically - it's a formula derived from history). Once you get a few years of maturity and experience without claims, your insurance costs will reduce.